Is Gold Sentiment Too Negative Right Now?
Date Posted: December 9, 2015
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In this week’s edition of Gold Game Film, Frank Holmes tells Kitco News’ Daniela Cambone that the recent swings in the precious metal are nothing out of the ordinary.
In this week’s edition of Gold Game Film, Frank Holmes tells Kitco News’ Daniela Cambone that the recent swings in the precious metal are nothing out of the ordinary. When asked if he thinks sentiment is too negative on gold right now, Frank explains that historically the daily volatility for this commodity can be up or down $15, around 70 percent of the time. He reiterates that what may seem like huge moves in the gold price, is actually relatively normal price action.
Watch the replay to see Frank’s thoughts on the mining sector, particularly news out of Anglo American this week.
All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor.
None of U.S. Global Investors Funds held any of the securities mentioned in this interview as of 09/30/2015.
